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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
the primary election results. so we hope you join us tomorrow morning. now over to america's newsroom. breaking news from overseas this, woman here, an american hiker, held in iran in an iranian jail for more than a year, now said to be a free woman. an iranian attorney for syria s -- shourd confirming that fox news that iran has released its client, after arresting her and two companions last year, they've been held ever since, the three apparently crossing into iran, that's the allegation, while hiking in northern iraq. more on this in a matter of moments, it's just crossing the wires right now, it's breaking news here in "america's newsroom". >>> in the meantime, this is battle royale, huh? a major battle shaping up over your taxes taking shape on capitol hill, this the debate over whether or not to extend the bush tax cuts, pitting republicans again the president. good morning, everybody, it's a busy tuesday, huh? i'm bill hemmer, good morning, welcome to "america's newsroom". martha: good morning, bill, good morning, everybody. i'm martha maccallum. senate minority leader mitch m
van, rescuers required to use the jaws of life. the driver of that mini van, reportedly taken to a hospital for treatment. there's one report out of boston that says brady went to gillette stayed tpoupl morning workouts. more from boston. there's the intersection now. more from boston as we get it. breaking news on "america's newsroom". >>> you want headline? here's the headline for you, america. is the u.s. losing its competitive edge? now ranking fourth among 139 countries. the world economic forum citing a trillion dollars decifit, public distrust of government, and rising debt as the reasons for that slide. $13 trillion, that's a lot of numbers. good morning, everybody, i'm bill hemmer. welcome to "america's newsroom". martha: good morning, thank you for starting our morning that way! you don't even get a medal -- a medal in fourth place! you know who has replaced us? switzerland. i kid you not. bill: not even a bronze. we've got brand new jobless numbers in, the labor department reporting $451,000 people filed for first-time unemployment claims in the past week. stu varne
is r-rbl -- are social issues. chris van hollen from the democratic side joins us to tell us about democratic strategy, 34 days and counting. thank you, dana perino. juliet: president obama hitting the campaign trail to rally the democratic base ahead of the mid terms, holding an event in the traditionally liberal city of madison, wisconsin, police estimates that more than 26,000 people showed up to see him at the university of wisconsin's campus, the president, echoing back to his mantra of the 2008 campaign, that's that voters need to show up. >> change is going to come! change is going to come for this generation! if we work for it. if we fight for it. if we believe in it. the biggest mistake we could make right now, it's to let disappointment or frustration lead to apathy and indifference. that is how the other side wins. juliet: president obama said the other side will lead to the same failed polices that got us here in the first place. he was joined at the rally by a number of democratic candidates, including wisconsin senator russ feingold, he's currently trailing his republ
, well over 90 percent on our fox polling showed us that. we'll see whether or not we match up those results with our poll later today. results later today. juliet: incumbents in congress are fighting for their political lives in november's mid-term elections as most americans give lawmakers a thumbs down. this is a fox news opinion dynamic poll showing 70 percent of voters disapprove of the job congress is doing, 70 percent, senate majority leader harry reid among those locked in a tight race it shows sharron angle, with 45 percent of the poll, reid has seen his number creep up from from 39 while angle's decreased. bill: challengers say come to the border and see how bad the border security situation has come out. mccain pointing out that 28,000 mexican citizens have already been killed in the drug war in mexico. he says president obama is ignoring how serious a threat this is now to u.s. security. here he is with chris wallace. >> verse eve -- we've got to get our border secured and anybody who doesn't think so, come to southern arizona and visit the southern part of my state. i'd
maccallum, good to have you with us this morning. midterm elections are two months away and the president is expected to say that the bush tax cuts will be extended for some but not for all americans. bill: also martha is former budget director who was in the job a few months ago who said this is not a good idea, ready for a stalemate are new what's new. stuart varney, fox business network, host of varney & company. first the news, what do we expect to hear on the economy? >> today the president goes to cleveland, he is going to be pushing for a $200 billion tax credit plan, part of the overall stimulus program, he's going to get personal, he's going to talk about his own financial struggles, to use that as a way to leverage off on the economy front. that's what's going to happen today, bill. you mentioned stalemate there, and that's exactly what we've got. in a nutshell, if you look at overall policy, you do have stalemate. here's what you've got: you've got the president, he wants to spend, republicans and some democrats do not. the president wants to tax, republicans and some democrats
Search Results 0 to 5 of about 6

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